Terms and Conditions
In consideration of GLS Realty Pvt. Ltd. ("the Company") processing
my/our application for the purchase of
[Apartment/Unit/Car Parking] in
[Project Name], I/We hereby agree to the following
terms and conditions:
1. Agreement for Sale Execution
I/We undertake to execute the Agreement for Sale within 15–30 days
from the date of provisional booking confirmation, in accordance
with the Company's policies.
2. Payment Obligations
I/We agree to make payments as per the Company's payment schedule.
Overdue payments will incur interest at 18% per annum.
3. Cancellation Policy
In the event of cancellation:
- Before Agreement: 10% of the total consideration amount paid.
- After Agreement: 10% of the total consideration amount paid or ₹100/sq.ft., whichever is higher.
4. Indemnification
I/We indemnify the Company against any legal proceedings related to
payments, cancellation, or other terms and conditions.
5. Nomination Fee
Any nomination is subject to Company approval, upon payment of 2%
of the total consideration amount plus applicable taxes.
6. Applicant Rights
This application does not confer any rights. The right to the
apartment/unit/car parking is created only upon execution of the
Deed of Conveyance.
7. Governing Law & Jurisdiction
Any dispute arising out of this application shall be subject to the
exclusive jurisdiction of courts located in Bhubaneswar.
8. Tax Liability
I/We agree to pay all applicable taxes, existing or newly imposed
by the Government, in addition to the consideration amount.
9. Communication Consent
I/We consent to receiving communications via WhatsApp, SMS, Phone,
Email, RCS, and other electronic means.
* When you voluntarily send us electronic mail or fill out a form,
we maintain a record of the information provided to facilitate our
response. We collect information only when you register on our site
or submit a form. While completing forms on our website, you may be
asked to provide your name, email address, and phone number.
If you submit your personal information and contact details, you
authorize us to contact you regarding our products, services, and
offers through Call, SMS, Email, or WhatsApp, even if your number
is registered under DND (Do Not Disturb).
